N.M. Stat. § 53-16-13

Current through 2024, ch. 69

Section 53-16-13 - Involuntary dissolution

A corporation may be dissolved involuntarily by a decree of the district court of Santa Fe county in an action filed by the attorney general when it is established that the corporation:

A. procured its articles of incorporation through fraud; or

B. has continued to exceed or abuse the authority conferred upon it by law.

NMS § 53-16-13

1953 Comp., § 51-29-13, enacted by Laws 1967, ch. 81, § 91.